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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202203

 1.  Overview the trade of GERMANY in goods current year until 202203

According to Dalian Infobank, in 202203GERMANY's exports and imports of goods amounted to 285028.2556 million, and were up 2.38% comparing with the same period of last year. Among these, exports were down 4.65% at 144924.3371 million, and imports were up 10.83% at 140103.9185 million. And the corresponding trade surplus was 4820.4186 million and down 81.15%.

During the current year until 202203, GERMANY's total exports and imports of goods were 796024.4292 million and were up 7.49% comparing to the same period of last year. Among these, exports were 408438.5150 million and up 1.33%; imports were 387585.9142 million and up 14.85%. The total trade surplus was 20852.6008 million and down 68.22%.

If considering by country (region), INTRA-EU, CHINA, UNITED STATES, NETHERLANDS, SWITZERLAND were GERMANY's top five trading partners. During the current year until 202203, GERMANY's imports and exports to five countries/territories were 170574.1200 million, 65995.7960 million, 55361.0820 million, 50512.3687 million, 33136.5287 million. These values correspond to 21.43%, 8.29%, 6.95%, 6.35%, 4.16% of GERMANY's imports and exports, and, respectively, were 0, up 12.10%, up 10.63%, down 28.10%, up 7.73% comparing to the same period of last year.

Current year until 202203, GERMANY and the top five trade partners INTRA-EU, UNITED STATES, CHINA, FRANCE, SWITZERLAND are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202203, GERMANY's exports to these five countries/territories were 82862.8800 million, 38581.2188 million, 30829.5480 million, 19564.7365 million, 19066.1935 million. These values correspond to 20.29%, 9.45%, 7.55%, 4.79%, 4.67% of GERMANY's exports and, respectively, were 0, up 9.54%, down 3.21%, down 35.91%, up 7.27% comparing with the same period of last year.

Current year until 202203, GERMANY's exports to top five countries/territories INTRA-EU, CHINA, NETHERLANDS, UNITED STATES, POLAND are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202203, GERMANY's imports from these five countries/territories were 87711.2400 million, 35166.2480 million, 32340.9330 million, 16779.8631 million, 14724.4892 million. These values correspond to 22.63%, 9.07%, 8.34%, 4.33%, 3.80% of GERMANY's total imports and, respectively, were 0, up 30.15%, down 26.34%, up 13.22%, down 35.36% comparing with the same period of last year.

During the current year until 202203, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, SWITZERLAND, AUSTRIA at 21801.3557 million, 7538.0262 million, 6990.3856 million, 4995.8582 million, 3287.4903 million, and up 6.87%, down 37.17%, down 37.32%, up 4.29%, down 32.77%. And the trade deficits were mainly from NETHERLANDS, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, INTRA-EU, CHINA, BELGIUM at 14169.4973 million, 13710.6417 million, 4848.3600 million, 4336.7000 million, 4238.0566 million, and down 19.31%, up 205.59%, 0, down 189.79%, up 27.79%.

Current year until 202203, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 99, 84, 87, 85, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 174171.2849 million, 86779.7742 million, 76383.1100 million, 72599.7265 million, 53072.7610 million, which were up 3255.06%, down 22.22%, down 27.83%, down 17.77%, up 62.96% comparing with the same period of last year and account for 21.88%, 10.90%, 9.60%, 9.12%, 6.67% of GERMANY's total imports and exports.

During the current year until 202203, 99, 87, 84, 85, 30 were GERMANY's top five traded commodities, with total import and export values of 84470.6951 million, 52183.0712 million, 51890.0275 million, 34743.5700 million, 25569.8561 million. These values correspond to 20.68%, 12.78%, 12.70%, 8.51%, 6.26% of GERMANY's total exports and, respectively, were up 3339.72%, down 24.97%, down 22.90%, down 22.01%, down 6.80% comparing to the same period of last year.

During the current year until 202203, 99, 27, 85, 84, 87 were GERMANY's top five traded commodities, with total import values of 89700.5899 million, 41526.1086 million, 37856.1565 million, 34889.7468 million, 24200.0388 million. These values correspond to 23.14%, 10.71%, 9.77%, 9.00%, 6.24% of GERMANY's total exports and, respectively, were up 3179.07%, up 75.77%, down 13.46%, down 21.19%, down 33.31% comparing to the same period of last year.


2. Current year until 202203, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202203, GERMANY-China binational exports and imports of goods amounted to 65995.7960 million and were up 12.10% comparing with the same period of last year. Among these, exports from GERMANY to China were 30829.5480 million and down 3.21%, imports from China to GERMANY were 35166.2480 million and up 30.15%. The total binational trade deficit was 4336.7000 million and down 189.79%.

During the urrent year until 202203, commodities with hs2 code, 85, 84, 87, 29, 90, were binational trade's top five traded commodities. They correspond to import and export values of 13817.7926 million, 12500.5747 million, 10306.0280 million, 4072.9219 million, 3754.4514 million and makes up 20.94%, 18.94%, 15.62%, 6.17%, 5.69% of the total binational imports and exports. These values were also up 8.19%, down 0.76%, up 5.52%, up 279.20%, down 0.41% comparing to the same period last year.

During the current year until 202203, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 9158.4176 million, 5639.9810 million, 5160.1545 million, 2544.2841 million, 1264.6312 million. These values account for 29.71%, 18.29%, 16.74%, 8.25%, 4.10% of GERMANY's total exports and were up 2.65%, down 13.06%, down 3.43%, down 5.49%, down 6.12% comparing to the same period of last year.

During the current year until 202203, 85, 84, 29, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 8657.6381 million, 6860.5937 million, 3750.4031 million, 1618.2013 million, 1210.1672 million. These values account for 24.62%, 19.51%, 10.66%, 4.60%, 3.44% of GERMANY's total imports and were up 16.55%, up 12.30%, up 443.02%, up 22.19%, up 12.28% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat